BarsandStars wrote:Not to be rude but I noticed all you do is post links to that same website. Am i the only one that feels like we're being trolled by this guy?

Yeah, I realized that after I went to the trouble of explaining Tether. I checked his other posts, and felt pretty stupid for not noticing his username contains the name of the site he's trying to send people to. He's only here (and probably other places) to shill that site.

The cryptocurrency market rallied on Monday after a crack in the tether stablecoin led to a surge in the price of Bitcoin.

The move led to gains across the entire spectrum of digital currencies with only tether showing a loss amongst the top twenty coins. The sell-off in the USDT peg is the latest twist after a bout of rumours regarding the Bitfinex exchange and problems surrounding tether wire transfers.

In an effort to restore faith in tether, the company on Thursday published a letter from a Bahamanian bank affirming that the company has $1.8 billion in deposits sitting in an account offshore. But as several traders swiftly pointed out, the letter from Deltec Bank & Trust, which describes itself as "an independent financial services group", bore a few notable inconsistencies.